Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£140,000 Offers in excess of
Bedrooms
Bathrooms
Located in the heart of the town centre, this well-presented two-bedroom flat offers convenience, comfort, and great potential?ideal for first-time buyers, investors, or anyone wanting everything on their doorstep.
The property features two generously sized bedrooms, each large enough to accommodate a double bed. The open-plan kitchen and living area creates a modern and social space, perfect for entertaining or relaxing at home. The flat also includes a well-appointed bathroom.
Positioned just steps away from a wide range of local amenities, including supermarkets, schools, a dentist, a doctors surgery, and a highly regarded park, this flat is all about location and lifestyle. With excellent public transport links and everything you need within walking distance, this is town centre living at its best.
Whether youre looking for your first home, a smart buy-to-let opportunity, or a convenient base near local attractions, this flat ticks all the boxes.
Ground Rent 144
Lease length approximately 116 Years Remaining .
Allocated Parking
End of chain
EPC rating: C. Tenure: Leasehold, Service charge description: Ground Rent 144,Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
The Property has been saved to your favorites
/ 5
It's quick and easy
